Seamless Distribution AB: SEQR launches Contactless Payments and
Gocardless Service in the UK – SEQR customers can pay from bank
account at 500,000 points of sale

As of today SEQR customers in the UK are now able to quickly and simply
link their bank account to the SEQR app and make payments directly from
their bank account. Until now UK customers have enjoyed the benefits of
the SEQR pre paid account functionality, however enabling customers to
connect their bank account opens SEQR up to millions more customers who
prefer direct payment over a pre paid option.

In addition, customers will now also be able to make SEQR “Tap & Pay”
payments at any retailer that accepts contactless NFC payments. The UK
is one of Europe’s most advanced markets for contactless payments with
approximately 500,000 terminals currently activate. This is set to grow
further as in line with card network rules no terminals without
contactless technology can be sold or installed in Europe after 2018.

“The launch of these two new features represents a major leap forward
for SEQR in terms of customer acquisition and payment acceptance in the
UK. At a global level, SEQR is rapidly establishing itself as the
standard way for customers to pay with their mobile, adding contactless
payments and direct bank account linking the UK will cement this
position further”, says Peter Fredell, CEO of Seamless.

Linking of customer bank accounts is facilitated by Gocardless whose
collaboration with SEQR was announced earlier in the summer. SEQR “Tap &
Pay” payments are available to customers with mobile phones using the
Android operating system.

About Seqr

Seqr, the standard way to pay, developed by Seamless, is a safe, fast
and easy way to pay by mobile. The only thing the user needs is the Seqr
app to scan a QR code or tap on the NFC terminal. Globally, over 30
million contactless card terminals now accept Seqr. The low investment
and transaction fees for merchants and among others ensure that Seqr is
the most widely used mobile payment solution in Europe.

About Seamless

Seamless (STO:SEAM) is one of the world’s largest suppliers of payment
systems for mobile phones. Founded in 2001 and active in 35 countries,
Seamless handles more than 3,7 billion transactions annually through 575
000 active sales outlets. Seamless has three main business areas
including the transaction switch, the technology provider for the
distribution of e-products and the mobile payment platform SEQR. www.seamless.se